Brazil flat steel and iron ore producer Usiminas said it could increase its share of iron ore exports through the Sudeste port, which is being built in Itaguai, Rio de Janeiro, an executive said. Talking to journalists in the sidelines of ...
Imports of carbon steel products by Brazil reached 214,000 mt in June, 30 percent less than in May, according to the country’s ministry of development, industry and foreign trade (MDIC). The main items imported were coated flats ...
Tags: Carbon Steel, Brazil, Metallurgy, Mineral
Swedish specialty steel producer SSAB has posted its financial results for the first half of the current year, reporting a net profit of SEK 86 million ($12.6 million), compared to a net loss of SEK 281 million in the corresponding period ...
Bursa-based Turkish steelmaker Cemtas Celik Makina Sanayi ve Ticaret A.S (Cemtas) has announced its financial results for the second quarter and the first half of 2014. Cemtas has reported a net profit of almost TRY 7.16 million ($3.4 ...
Tags: Cemtas Celik Makina Sanayi Ve Ticaret A.S, Announce, Financial Results
Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of the current year. Accordingly, in the second quarter Severstal registered a net loss of $661 million, compared to a net loss of ...
Tags: Russian steelmaker Severstal, announce, financial results
Whereas China's steel output has remained at high levels as domestic steel demand has indicated some increases due to the Chinese government's stabilization policy and also given the significant rises seen in export volumes, the growth ...
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the first quarter ended June 30 of the fiscal year 2014-15. For the given period, Kobe Steel has reported a net profit of JPY 22.9 billion ($222.3 million), ...
Tags: steelmaker, Kobe Steel, steel
Prices of imported iron ore in China have continued to decline since the start of the summer, while domestic crude steel output is still at high levels amid increases in steel exports, though domestic demand for steel products has remained ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...
Tags: steel rebar, ore prices
US sheet steel deals are getting progressively tougher to find as producers find renewed confidence in their order books and their lead times, market sources said Thursday. One service center buyer said $670/st is the most common ...
Tags: Sheet Steel
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
In May this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 46.4 percent, down by 6.2 percentage points as compared to April, falling below 50 percent again, as announced by the China Steel Logistics ...
Tags: Steel Sector
The US ferrous scrap import market was quiet in East Asia during the week, regional traders said Thursday. Importing mills were staying away because they believed US scrap prices were likely to soften after iron ore broke the $100/dry mt ...
Tags: Steel Mills, Bulk Scrap
Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...
Tags: Iron Ore, Concentrate Prices
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices